EU: Up to Bulgaria to decide how to use income from gas transit tax
Bulgaria can decide on its own what to do with income from the transit tax for Russian gas, the European Commission said
Greece, Serbia, North Macedonia interested in supply from new reactors in Kozloduy
Greece, Serbia and North Macedonia would prefer supply contracts than to invest in two new reactors in Kozloduy, Bulgarian Prime Minister Denkov said
EU energy ministers achieve breakthrough in electricity market design reform
The Council of the EU adopted its so-called general approach to the electricity market design reform, breaking the Franco-German deadlock
Hoekstra: EU will push for global tax on fossil fuels
The nominee for the new EU Commissioner for Climate Action also pledged to phase out the bloc's fossil fuel subsidies
Clearing the haze: prioritizing air quality in Southeast Europe
The quality of air can significantly impact our health and quality of life. In Southeast Europe, air pollution is the leading environmental threat to public health.
IRENA: Vast majority of new renewables in 2022 have lower costs than fossil fuel–fired electricity
Without renewables, the economic disruption from last year's fossil fuel price shock would have been much worse, according to a new report
Grants approved for world’s largest carbon removal projects
The US gave a green light for up to USD 1.2 billion in grants for two carbon DAC and storage hubs planned in Louisiana and Texas
New IPCC chief plays down climate change gloom: 1.5°C global warming would not destroy humanity
Surpassing the 1.5°C mark would lead to many problems, but it would not constitute an existential threat to humanity, says Jim Skea